Milestone Event definition

Milestone Event has the meaning set forth in Section 8.4.
Milestone Event has the meaning set forth in Section 4.4(a) (Milestone Events).
Milestone Event has the meaning set forth in Section 2.3.2(a).

Examples of Milestone Event in a sentence

  • The Operator must: use reasonable endeavours to achieve each Milestone Event on or before the relevant Milestone Date (Scheduled) including achieving Commercial Operation on or before the COD (Target); and achieve Commercial Operation on or before the COD (Sunset).

  • If a Milestone Event is not achieved by the relevant Milestone Date (Scheduled), the Operator must continue to use reasonable endeavours to achieve the Milestone Event as soon as reasonably practicable after the relevant Milestone Date (Scheduled).

  • The Operator must notify the Commonwealth 20 Business Days prior to the date on which it reasonably expects to achieve a Milestone Event.

  • After the Operator has completed those requirements, it must issue a further notice under clause 5.1(d) and repeat the process set out in clauses 5.1(d) to this 5.1(f) until the relevant Milestone Event is achieved.

  • Each of the Milestone Event (Scheduled), COD (Target) and COD (Sunset): may be adjusted: in accordance with clause 8; or by written agreement between the parties including under a ME Cure Plan; and are not subject to adjustment for any other reason.


More Definitions of Milestone Event

Milestone Event means a Research and Development Milestone Event or a Commercialization Milestone Event.
Milestone Event means the completion of a specific activity and shall include the extent of progress of works (if any) as specified in the Special Conditions of Contract, to be achieved, which reflects progress in the design and Execution of the Works or the occurrence of an event in each case as identified as such in the Payment Schedule.
Milestone Event has the meaning set forth in section 9 .2.1.
Milestone Event shall have the meaning set forth in Section 4.2.
Milestone Event shall have the meaning specified in Section 5.1(a) .
Milestone Event means any milestone event indicated in Section 4.3.1 or Section 4.3.2.
Milestone Event shall have the meaning set forth in Section 9.2(a).